Bayswater Continues to Explore Uranium Potential at Wisker Valley Project, Baie
Verte Peninsula, Newfoundland
Vancouver, BC, July 29, 2008 ─ Bayswater Uranium Corporation (TSX-V: BAY) (OTC: BYSWF) reports
on exploration at its Wisker Valley Uranium Project located on the Baie Verte Peninsula of Newfoundland.
During early 2008, Bayswater completed a Phase 1 diamond drill program to test uranium and gold mineralization
identified on the property. A total of 1,600 meters of diamond drilling in 12 drill holes tested several targets
identified during exploration activities conducted in 2007 and early 2008. The drilling was focused primarily on
uranium targets around the main Amanda Zone with four short holes targeting the Road Showing gold zone.
Drilling at the Amanda Zone intersected felsic volcanic breccia units similar to those that host the surficial
uranium showings but no significant values were returned in core. Uranium intersections encountered during the
drilling program include 1.4 meters grading 0.02% U3O8 in hole WI08-04, 2.0 meters grading 0.014% U3O8 in
hole WI08-12 and 0.75 meters of 0.012% U3O8 in drill hole WI08-02. Four short holes totaling 404 meters also
tested the Road Showing Gold zone. No significant gold mineralization was encountered.
Although the initial results of the Company’s exploration efforts this year were disappointing, a short field
program of prospecting and geological mapping is currently underway in order to further evaluate the potential of
the property. The program will focus on radiometric targets identified from the 2007 airborne radiometric survey
that have not been fully evaluated. The prospecting program is expected to conclude in approximately four
weeks, at which time the Company will reevaluate the status of the project.
The Company’s exploration activities are conducted under the supervision of George M. Leary, M.Sc. P. Eng.
(BC), president of the Company, and Vic Tanaka, B.Sc. P.Geo. (B.C.), COO of the Company. Both are